A proposal that new companies locating in Los Angeles be given a three-year exemption from paying the city business tax would be a 鈥渟hot in the arm鈥 for the Port of Los Angeles and the harbor community, port officials said.
June 22, 2010Search
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Consumer Confidence Falls in July
Consumer confidence fell this month to the lowest level since November, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.
July 30, 2010LaHood Announces National Summit on Distracted Driving
The second National Distracted Driving Summit will be held Sept. 21 in Washington, D.C., Transportation Secretary Ray LaHood announced.
July 28, 2010Consumer Confidence Falls in July to 5-Month Low
Consumer confidence declined this month to its lowest level in five months, the New York-based Conference Board said Tuesday.
July 27, 2010Kansas City Southern鈥檚 2Q Profit Improves
Kansas City Southern said it earned $34.6 million, or 34 cents a share, in its second quarter, compared with $6.5 million, or 7 cents, the previous year.
July 27, 2010Clerks Strike at Ports of L.A., Long Beach
Officials with the Port of Los Angeles and Long Beach said shipping terminals were open and operating this week during negotiations between terminal operators and a striking shipping clerks union.
July 9, 2010Consumer Confidence Falls in June
Consumer confidence declined this month following the highest level in more than two years in May, the New York-based Conference Board said Tuesday.
June 29, 2010Diesel, Gasoline Prices Rise
Retail diesel prices reversed course last week, as the national average rose 3.3 cents a gallon to $2.961 after falling 19.9 cents in the five previous weeks, the Department of Energy reported.
June 28, 2010L.A. Port OKs Plan to Ease Requirements for Minimum Number of Truck Trips
Harbor commissioners at the Port of Los Angeles late last week approved a proposal that will allow drayage operators 鈥 who were provided millions of dollars for the purchase of newer, cleaner trucks 鈥 to cut in half a requirement that they make a minimum of 300 annual trips to the port.
June 21, 2010Trucks Waiting Longer at Calif. Ports as Cargo Rise Hits Leaner Terminals
An increase in cargo traffic and warehouse staffing cutbacks at the ports of Los Angeles and Long Beach have left trucks at the ports waiting in longer lines to enter terminal gates, port officials said.
June 14, 2010